885 Aspen Way
Palo Alto, CA 94303
3 bd 2 ba 1,389 sqft Built 1956 Lot 7,455 sqft single_family
Most recent sale
$2,950,000
Jan 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 20, 2022 | Sold | $2,950,000 | MLS #ML81875179 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $106,120 | $3,024,442 | $3,130,562 | $38,647 |
| 2024 | $106,120 | $3,024,442 | $3,130,562 | $37,060 |
| 2023 | $102,000 | $2,907,000 | $3,009,000 | $36,516 |
| 2022 | $53,335 | $38,393 | $91,728 | $2,069 |
| 2021 | $52,290 | $37,641 | $89,931 | $2,027 |
| 2020 | $51,754 | $37,256 | $89,010 | $2,004 |
| 2019 | $50,740 | $36,526 | $87,266 | $1,976 |
| 2018 | $49,746 | $35,810 | $85,556 | $1,943 |
| 2017 | $48,771 | $35,108 | $83,879 | $1,907 |
| 2016 | $47,815 | $34,420 | $82,235 | $1,851 |
| 2015 | $47,097 | $33,903 | $81,000 | $1,826 |
| 2014 | $46,175 | $33,239 | $79,414 | $1,692 |
| 2013 | $45,967 | $33,089 | $79,056 | $1,677 |
| 2012 | $45,066 | $32,441 | $77,507 | $1,660 |
| 2010 | $43,853 | $31,568 | $75,421 | $899 |
| 2009 | $43,958 | $31,643 | $75,601 | $890 |
| 2008 | $43,097 | $31,023 | $74,120 | $846 |
| 2007 | $42,252 | $30,415 | $72,667 | $826 |
Property facts
Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,389 sqft
Lot size
7,455 sqft
ZIP code
94303
City
Palo Alto
Street
Aspen Way
Coordinates
37.42929, -122.11113
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$17,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 885 Aspen Way last sell?
885 Aspen Way most recently sold on Jan 20, 2022 for $2,950,000.
What is the current tax assessment for 885 Aspen Way?
The most recent total assessment for 885 Aspen Way (year 2025) is $3,130,562 with $38,647 in property tax.
How does 885 Aspen Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $2,950,000.
When was 885 Aspen Way built?
885 Aspen Way was built in 1956.
How does 885 Aspen Way compare to others on Aspen Way?
We do not currently track other properties on Aspen Way.
What are the property facts for 885 Aspen Way?
885 Aspen Way is a 3 bed, 2 bath, 1,389 sqft, 7,455 sqft lot single_family.
Is 885 Aspen Way a flip candidate?
No — 885 Aspen Way does not appear in our flips dataset.
Is 885 Aspen Way a tax-appeal candidate?
No — 885 Aspen Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$2.18M
2026 Q4
$2.17M
ZIP 94303 — Median Price History + Forecast
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Geography